Nate Covington
Private Citizen
Taxes
2018 W4 Form - Child Tax Credit, Deduction Changes
First, I'm not a CPA and I am not offering any tax advice. I came across the new 
2018 W4 form and wanted to share my findings when I compared it to the 2017 form. See images below. The screenshots have the 2017 version on the left, and the new 2018 version on the right.
It seems the deductions for children for lowest income bracket are now worth double (4) compared to 2017 (2):
The standard deductions also doubled:
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"Here's to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in the square holes ... the ones who see things differently -- they're not fond of rules, and they have no respect for the status quo. ... You can quote them, disagree with them, glorify or vilify them, but the only thing you can't do is ignore them because they change things. ... They push the human race forward, and while some may see them as the crazy ones, we see genius, because the people who are crazy enough to think that they can change the world, are the ones who do."
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